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FACED with business shutdown at a time when the global demand for consumer electronics is affected by persisting headwinds, electronic manufacturing services (EMS) companies in Malaysia find themselves in a tight spot.
PETALING JAYA: Electronics manufacturing services (EMS) companies are likely to see further earnings declines following the extension of the government’s movement control order (MCO), which has halted production at their facilities.
KUALA LUMPUR: Electronics manufacturing services companies (EMS) are likely to see further earnings declines following the extension of the government's movement control order, which has halted production at their facilities.
HKMA mulls buying the greenback to rein in local currency
HONG KONG/SYDNEY: Australia's A$3 trillion ($1.72 trillion) pension industry was not consulted on the federal government's decision to allow the unemployed and sole traders early access to retirement savings and is now in urgent talks about the move, sources said.
THE oil glut of the last decade, which started in late 2014, had forced many oil and gas companies to relook their business strategies. This include the move to rationalise their then bloated manpower and operating expenses.
SIX years ago, newly married couple Tay Feng Huai and Goo Xin Yin, both UK-trained chemical engineers, decided to try their hands at starting a business.
PETALING JAYA: S P Setia Bhd is optimistic about the prospects of the latest phase of its Spanish-themed Setia Safiro development in Cyberjaya, which the company is launching over the weekend.
PETALING JAYA: Political development in the country will be on the radar of foreign investors who have been net buyers of Malaysian bonds.
NEW YORK (Bloomberg): Morgan Stanley had just ended a decade-long drought of major takeovers by top US banks with his surprise deal to buy E*Trade Financial Corp for US$13bil.